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Money Moral Dilemma: Should we pass on any of the £400 energy bill grant to our tenant?
Comments
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I'm another Tenant who hasn't had a rent increase in almost seven years. Ours is neither the best nor the worst landlord we've ever had, but I understand that we're better tenants than the last ones.
The introduction of the information about the lack of a rent increase sounds like an attempt to justify not giving the tenant a share, and legally landlords are not obliged to, but as the bills seem to be being divided fairly it does seem only fair to give the tenant a share of the £400.
I have previously been a landlord, but in that situation the tenant's rent included the bills, and if I am being honest what I would have done would have depended on the tenant - some were better than others. (also, they were mostly short term tenants and the £400 is to cover increases over a longer period, so that would make a difference too)0 -
You don't need to pass it on, it's legally yours. If you feel the need to "help" out the tenant, then sure pass it on but knowing that you haven't increased rent for this tenant for 7 years, you're already "helping" the tenant out.0
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There will be NO actual refund. We all get £66.66 credited to account every month for 6 months. So no actual dilemna at all. Just credit to your leccy account.1
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Embarrassing question from whoever this person is. Landlords never fail to make themselves look like the most morally bankrupt out there.0
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I can't belive you've had to ask this question!!! The money is for the bill payer which will also help them with the rise in October.0
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What you do with your money is up to you.
But it it seems to me that you are seeking justification to keep all of that lovely money, even though your tenant pays for his own energy & the chancellor is giving that money to help people pay extortionate energy bills. As such, your tenant is morally entitled to help with his bills, as that is what the money is really meant for, not to line your pockets. Your 'dilemma' is only caused by a conflict of greed against fairness. The fact that you haven't raised the rent is irrelevant in relation to the energy 'subsidy', but shows consideration on your part for another.
So consider your tenants position, facing higher energy bills with no help from the chancellor. Do the right thing, give your tenant £100 of it & be at peace with your concsiences by doing so. Thats worth more than £100.
I'm not criticizing you, whatever you do is up to you & you have to live with whatever decision you make. Just giving my honest opinion from very little info. Hope it helps.
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Fryapan said:Embarrassing question from whoever this person is. Landlords never fail to make themselves look like the most morally bankrupt out there.
IMO, OP's question is a valid one and just shows he is not greedy and if he/she was they'd just have pocketed it.
The set-up of their rental allows him to keep the money.
Ideally, give a proportion/percentage. to the T ie the amount the T is contributing to gas/elec.0
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